No major upheaval at Tottenham this summer, insists chairman Daniel Levy after 'disappointing' campaign

Tottenham chairman Daniel Levy has admitted this season has been 'disappointing' for the club but says there will be no major changes at White Hart Lane this summer.

In a statement announcing the club's financial results, Levy conceded 'this season's performances and results have not lived up to expectations' but said the club was only two points behind their tally at the same stage last season.

The Spurs chief, who sacked Andre Villas-Boas in December after a string of poor results, vowed to 'strengthen key positions' but insisted that there would be no big spending spree after last summer's £110m outlay on new players.

Levy said: “Our focus is to continue to invest in and develop the squad - we shall not look to a summer of major upheaval, but rather to strengthen in key positions - to play the style of football for which we are famous - and to deliver the new stadium."

It comes after Standard Sport revealed that Levy's preferred choice to succeed Tim Sherwood, Louis Van Gaal would be happy to work with the bulk of the current squad if he takes over at White Hart Lane.

Levy adds: “At the time of this announcement, we are in sixth position in the Premier League and it has been another season when the top four places have been fiercely contested by at least seven teams. It is no surprise that the English Premier League is the most watched League in the world as every season the fight for a top four UEFA Champions League place becomes more competitive.

“We have come far in the last decade - we have raised our expectations from a Club aiming to be in the top half of the table, to competing in Europe each season - to the point at which we find ourselves disappointed if we don't make Champions League.

“This season we have had to make significant changes, both in respect of coaching and playing staff and yet we are currently only two points less than last season’s tally. Whilst this season’s performances and results have not lived up to expectation, we believe our squad has potential and it is important that we all now show commitment and teamwork to get the best possible finish to the season.